Review: Huobi cryptocurrency exchange – January 2022

Trade hundreds of different cryptocurrency pairs on the global Huobi exchange.

  • Great for its wide range of cryptos
  • Not so great for its wash trading accusations

Check out our full list of pros and cons or read on.

1.0 ★★★★★ (2 reviews) Write a review

27

Fiat currencies

257

Cryptocurrencies

Details

Product Name Huobi Cryptocurrency Exchange
Fiat Currencies GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more
Cryptocurrencies BTC, BCH, ETH, XRP, LTC, DOT, DASH, ETC, EOS, QTUM & 240+ more
Deposit Methods AdvCash
Cryptocurrency
SWIFT
Wire transfer
Trading Fee Maker: 0.2%
Taker: 0.2%
Deposit Fees None
Withdrawal Fees None
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Learn more about:

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more
  • Supported cryptocurrencies: Approximately 257 cryptocurrencies

Which payment methods are accepted?

  • AdvCash
  • Cryptocurrency
  • SWIFT
  • Wire transfer

What’s it like to use Huobi?

Fees and limits

Platform trading fees

The base crypto to crypto trade fee is 0.2% for all pairs. This can be reduced through high trading volumes.

Trade volume (30 day USDT)Maker feeTaker fee
0 to 5 million0.2%0.2%
5 to 10 million0.04%0.060%
10 to 15 million0.035%0.055%
15 to 25 million0.030%0.055%
25 to 35 million0.030%0.045%
35 to 70 million0.025%0.040%
70 to 150 million0.025%0.035%
150 to 300 million0.025%0.030%
300 million+0.015%0.025%
500 million+NegotiableNegotiable

The rate for fiat to crypto trades depends on whether you are placing an order (maker) or are taking an existing order (taker), and the currencies you are trading.

CurrencyMaker feeTaker fee
CNY – BTC/ETH0.0%0%
CNY – USDT/HUSD0.0%0%
CNY – EOS/HT/XRP, LTC0.2%0%
All other trades0.7%0%

Deposit and withdrawal fees

Network fees apply to cryptocurrency deposits and withdrawals, while fiat currency fees will vary depending on the payment method and the currencies.

The withdrawal limits will similarly vary depending on the currency or cryptocurrency being withdrawn, and whether or not you are a verified user.

You can find your limits on the withdraw screen when you are logged in.

How fast will my funds be available?

Deposits

Clock icon for transfer speed

Within minutes

The number of confirmations required for deposits varies depending on the cryptocurrency. It will typically take a few minutes.

Withdrawals

Clock icon for transfer speed

Varies

The number of confirmations required for cryptocurrency withdrawals varies, but it will typically take more confirmations than deposits.

Is Huobi Global safe to use?

  • Regulation. Huobi Global is incorporated in the Seychelles. Although it is legal to use Huobi Global in New Zealand, it may not be in some other countries. Keep in mind that this exchange is not regulated in New Zealand. If you use Huobi, you are responsible for ensuring you are complying with any relevant laws and regulations.
  • Verification process. Huobi does not require verification for all users, but reserves the right to request the information needed to verify any customers in line with its AML/KYC obligations. Verification is required for higher withdrawal limits.
  • Security features. Huobi has been in operation since 2013 and it says it follows industry best practices such as keeping ~98% of user funds in cold storage at any given time. It claims to have an investor protection fund which can be used to reimburse affected users in the event of a hack.

How do I create an account at Huobi?

Back to top

What else do I need to know about Huobi?

Huobi has been in operation since 2013. It was formerly based in China but has moved around the world as regulations change in different locations.

It’s currently incorporated in the Seychelles.


In a nutshell

Pros

  • Wide selection: Huobi offers a wide range of coins.
  • Good liquidity: As a large and well-known exchange, Huobi has deeper liquidity than many other exchanges.
  • Feature-filled: Huobi offers a range of features such as margin trading, fiat currency order books and more.

Cons

  • Loosely regulated: Trading on Huobi is done largely at your own risk.
  • Not ideal for beginners: The wide range of features and limited regulatory protections mean Huobi may not be an ideal choice for beginners.
Back to top

Compare Huobi against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Easy Crypto Cryptocurrency Exchange
Bank transfer, POLi
NZD

151
cryptocurrencies

Based in New Zealand, Easy Crypto enables users to simply pay in NZD through POLi or bank transfer to access a range of cryptocurrencies.
Independent Reserve Exchange
Cryptocurrency, SWIFT, Osko, PayID, EFT
AUD, NZD, USD

27
cryptocurrencies

Deposit NZD and buy or sell BTC, ETH and 20+ other cryptos with trading fees of up to 0.5%.
Changelly Crypto-to-Crypto Exchange
Credit card, Cryptocurrency
USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more

156
cryptocurrencies

Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

214
cryptocurrencies

Buy 200+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, POLi, Osko, PayID
AUD, NZD

312
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

353
cryptocurrencies

Finder Exclusive: Get 10% discount on your fees when signing up through Finder.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

495
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Debit card, Wire transfer
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

95
cryptocurrencies

Get USD 25 in BTC when you trade USD 100 within 3 days of signing up. T&Cs apply.
Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
FTX Cryptocurrency Exchange
FTX Cryptocurrency Exchange
Credit card, Wire transfer, Silvergate Exchange Network (SEN), Signature SIGNET
USD,EUR,GBP,AUD,HKD,SGD,TRY,ZAR,CAD,CHF,BRL

242
cryptocurrencies

Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX is an exchange built by traders for traders, with a range of derivatives markets such as options and futures with deep leverage, in addition to standard spot markets. Note: Not available for US customers.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

962
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
loading

Compare up to 4 providers

Frequently asked questions

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy and Cookies Policy.
Go to site